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BluSky Trading Company vs IQ Capital

BluSky Trading Company wins, 3 rounds to 1. It has fewer rules that can end the account, can pay you sooner and puts more in your pocket per payout. IQ Capital is cheaper to get funded. BluSky Trading Company vs IQ Capital, compared on price, drawdown, consistency rules and payouts, with every discount applied.

Updated November 4, 2026

Firm 1
BluSky Trading Company
EvaluationEnd-of-Day drawdown$112 all-in
Firm 2
IQ Capital
EvaluationEnd-of-Day drawdown$101 all-in
Change a firm, plan or size and the card rescores.

The verdict

BluSky
IQ
3to1

BluSky Trading Company wins, 3 rounds to 1. It has fewer rules that can end the account, can pay you sooner and puts more in your pocket per payout. IQ Capital is cheaper to get funded.

  1. 1. Cost to get funded: IQ
  2. 2. Room to trade: Tie
  3. 3. Rules that can end it: BluSky
  4. 4. Speed to first payout: BluSky
  5. 5. Payday: BluSky

Five rounds, one point each. Most points wins; a level card goes to the cheaper account. How we score

Choose BluSky Trading Company if

  • you want fewer rules that can fail the account
  • you want your first payout as soon as possible
  • you want the biggest payouts
SOPF30% offGet BluSky →

Choose IQ Capital if

  • you want the cheapest way to get funded
SOPF85% offGet IQ →
Disclaimer: We do our best to keep account prices, activation fees, and promo codes accurate and up to date. But prop firms can change their offers at any time. To be safe, always double-check the firm's website before you buy to make sure everything still matches.

BluSky Trading Company vs IQ Capital, round by round

The five things that decide whether a funded account works for you, in the order you live them.

Round 1IQ Capital

Cost to get funded

The price after the discount code, plus any activation fee. Most traders fail at least once, so the cheaper account is also cheaper to try again.

How it is scored: Lower all-in price wins
BluSky Trading Company$112
IQ Capital$101

IQ Capital costs $101 all-in, $11 less than BluSky Trading Company at $112.

Round 2Tie

Room to trade

The drawdown is the line that ends the account. A line that moves less, with more room under it, means a normal pullback does not blow the account.

How it is scored: Static beats end-of-day beats intraday, then more room wins
BluSky Trading Company
End-of-Day
$2,000 of room
IQ Capital
End-of-Day
$2,000 of room

Both use an end-of-day drawdown, which only moves when the trading day closes, and both let you lose $2,000 before the account fails.

Round 3BluSky Trading Company

Rules that can end it

These are the rules that fail accounts or hold back payouts even when you are in profit. Fewer tripwires, fewer ways to lose the account.

How it is scored: Fewer of these rules wins

BluSky Trading Company has one of these rules. IQ Capital adds a consistency rule on payouts.

Round 4BluSky Trading Company

Speed to first payout

Days from buying the account to asking for your first payout, if everything goes right.

How it is scored: Fewer days wins
BluSky Trading Company4 days
IQ Capital6 days

BluSky Trading Company can pay you after 4 days at the earliest: 3 days to pass, then 1 trading day to the first payout. IQ Capital takes 6: 3 days to pass, then 3 trading days to the first payout.

Round 5BluSky Trading Company

Payday

The most one payout can put in your pocket: the payout cap times your share. A high split means little if the cap is low.

How it is scored: More money from one payout wins
BluSky Trading Company$2,25090% split
IQ Capital$1,60080% split

BluSky Trading Company: up to $2,500 a payout at 90%, so $2,250 to you. IQ Capital: up to $2,000 a payout at 80%, so $1,600 to you.

BluSky Trading Company vs IQ Capital side by side

The rules that matter most for both accounts, checked 4 Nov 2026 against each firm's own rules.

BluSky Trading CompanyIQ Capital
All-in price
$112$160 list
$101$675 list
Activation fee
None
None
Profit target
$3,000
$3,000
Max drawdown
$2,000 · EOD
$2,000 · EOD
Daily loss limit
None
None
Days to pass
3
3
Days to payout
1
3
Profit split
90%
80%
Maximum payout
$2,500
$2,000
Payout buffer
None
None
Funded consistency
None
40%
Contract limits
5 Mini / 50 Micro
5 Mini / 50 Micro
Every other ruleFunded contracts, scaling, payout days and the rest.
BluSky Trading CompanyIQ Capital
P/D ratio
1.50
1.50
Max funded accounts
3
5
Funded drawdown
$2,000 · Static
$2,000 · EOD
Funded daily loss
None
None
Funded contracts
3 Mini / 30 Micro
5 Mini / 50 Micro
Contract scaling
No
No
Minimum payout
$500
$0
Payout day type
Trading Days
Trading Days
Progressive payouts
No
No
How each firm lets you tradeNews, overnight holds, bots and more. Not scored: it depends on your style.
BluSky Trading CompanyIQ Capital
News trading
Allowed
Allowed
Swing trading
Not allowed
Not allowed
Copy trading
Allowed
Not allowed
Algorithmic trading
With limitsAutomated/algorithmic trading is permitted; using automated software (AI, ultra-high-speed, bulk data entry) to manipulate or secure an unfair advantage is prohibited and can trigger account closure.
With limitsEAs and bots are allowed only if the trader has full source-code access and can demonstrate control; black-box or external commercial bots are banned.
Scalping
Allowed
With limitsScalping is an allowed strategy, but extreme tick scalping is prohibited and the Scalping Rule gates payouts: at least 50% of trades and 50% of profit must come from positions held 15 seconds or longer.
Hedging
Not allowed
Not allowed
Company detailsPlatforms, payments and who runs each firm. Not scored.
BluSky Trading CompanyIQ Capital
Platforms
NinjaTrader, TradingView, Tradovate, Quantower, ATAS, Sierra Chart, MotiveWave, Bookmap, Volumetrica, R|Trader Pro, DeepChart, Jigsaw, Tradesea, TickBlaze, ONYX
DeepChart, ATAS, Quantower, Tradovate, TradingView, NinjaTrader
Payments accepted
Credit/Debit Card, PayPal, Crypto
Credit/Debit Card, Crypto
Payout methods
Gusto, Rise
Wire, Crypto
Support
Email, Live Chat, Discord, Telephone
Email, Live Chat
Country
US
LC
Year formed
2022
2026
CEO
Richard Amann
Christoph Radecker

More matchups

Every other firm against these two, on the same five rounds.

BluSky Trading Company vs IQ Capital FAQ

Q1

Is BluSky Trading Company better than IQ Capital?

Yes. For the accounts compared here, BluSky Trading Company wins more of the five rounds that matter to a funded trader: cost, room to trade, rules, payout speed and payday. The better pick still depends on what you need most, so the verdict lists what each account is best for.
Q2

What is the difference between BluSky Trading Company and IQ Capital?

IQ Capital has a consistency rule on payouts and BluSky Trading Company does not. Each round on this card explains one difference in plain words. The card on this page shows both accounts round by round, with every discount applied. Both firm pages list every rule in full.
Q3

Which is cheaper, BluSky Trading Company or IQ Capital?

IQ Capital is cheaper to get funded than BluSky Trading Company for the accounts compared here, counting the current discount code and any activation fee charged after you pass. Promotions change often, so the gap can grow or shrink from week to week. Use code SOPF where a firm has no code of its own.
Q4

Is BluSky Trading Company or IQ Capital better for beginners?

Both suit a new trader about equally here: they split the three rounds that decide whether you get funded, which are what a try costs, how much room the drawdown gives you and how many rules can end the account. Pick the one whose weak round matters least to how you trade.
Q5

Which pays out faster, BluSky Trading Company or IQ Capital?

BluSky Trading Company can pay you sooner than IQ Capital, counting the days to pass the evaluation and the days to the first payout request, the way each firm publishes them. A payout buffer or a consistency rule can add time on top of the minimum.
Q6

Which has the easier drawdown, BluSky Trading Company or IQ Capital?

Neither: BluSky Trading Company and IQ Capital both use an end-of-day drawdown, which only moves when the trading day closes, with the same room before the account fails, for the accounts compared here. The drawdown ends more accounts than any other rule, so it matters more than the profit target.
Q7

Does BluSky Trading Company or IQ Capital have a consistency rule?

Yes. Both BluSky Trading Company and IQ Capital have a consistency rule on the accounts compared here, which caps how much of your profit one day can carry. The rules round on the card shows whether it applies to passing, to payouts, or to both.
Q8

Is there a discount code for BluSky Trading Company and IQ Capital?

Yes. Code SOPF works at both BluSky Trading Company and IQ Capital, and every price on this page already has it applied. The code pages for BluSky Trading Company and IQ Capital list every current offer, with the date each one was last checked. Codes change often, so check them before you buy.

How the card is scored

Five rounds, one point each. The account that wins the most rounds wins the card, and a level card goes to the cheaper account. A round without the numbers for both sides scores nobody and says so.

  1. Round 1

    Cost to get funded

    The evaluation after the discount code, plus any activation fee charged when you pass. Lower wins.

    All-in price, explained
  2. Round 2

    Room to trade

    The drawdown, the line that ends the account. Static beats end-of-day, which beats intraday trailing. Same kind? More room wins.

    Drawdown, explained
  3. Round 3

    Rules that can end it

    A daily loss limit, a consistency rule to pass, one on payouts, and a payout buffer. Fewer wins.

    Consistency rule, explained
  4. Round 4

    Speed to first payout

    Days to pass plus days to the first payout, counted the way each firm publishes them. Fewer wins.

    Payout cycle, explained
  5. Round 5

    Payday

    The most one payout can put in your pocket: the payout cap times your split. More wins.

    Profit split, explained

Platforms, news rules and the rest depend on how you trade, so they are on every card for reference and never scored. Prices come from the same data as the board and the firm pages, so a number here always matches the rest of the site.

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